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” Bitcoin slips under $20K amid Biden budget, Silvergate collapse “ Bitcoin (BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate. The price of BTC dipped to $19,945 on March 10 before recovering to hover…
” CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman “ United States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip American citizens of their financial privacy. Speaking at the Cato Institute, a Washington DC-based libertarian think tank on Mar. 9, Emmer explained…
” ‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners “ Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC). These issues could result in the machines overheating and…
” Bitcoin price drops to $20.8K as regulatory and macroeconomic pressure mounts “ Bitcoin (BTC) traders saw continued downward pressure after the 5.5% decline in BTC price on March 7. Increased odds of further interest rate increases by the Federal Reserve and regulatory pressure in cryptocurrencies explain some of the movement. Financial markets showed signs…
” Bitcoin price levels to watch as trader says ‘lights out’ below $21.6K “ Bitcoin (BTC) rested at multi-week support at the March 9 Wall Street open as concerns over a deeper BTC price drop increased. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader: $19,700 “on the table” Data from Cointelegraph Markets Pro and TradingView…
” 5 countries leading the blockchain adoption “ Countries lead blockchain adoption for various reasons, including recognizing its potential to transform multiple sectors of the economy, promoting innovation and economic growth, and creating a favorable regulatory environment to attract blockchain businesses. Types of blockchain communities that lead blockchain adoption Blockchain communities refer to groups of…
” Ukraine’s central bank sees both promises and threats in Bitcoin “ The National Bank of Ukraine (NBU) has expressed a mixed stance on cryptocurrencies such as Bitcoin (BTC) after a year of war in the country. The central bank of Ukraine sees both good and bad in digital assets, taking a more skeptical approach…
” Bitcoin keeps liquidating longs as BTC price action gives up $22K support “ Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing. As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate. Longs begin to disappear with BTC at three-week lows Despite…
” Mt Gox registration deadline pushed for another month “ The registration dates for Mt. Gox creditors have been pushed back by another month. According to the announcement, the deadline has been pushed from March 10 to April 10, allowing creditors to file their claim for another month. Along with the extension for the registration…
” BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin “ Amid the United States regulators increasingly scrutinizing stablecoins, the community continues to pitch new ideas of stablecoins independent from the U.S. dollar. Arthur Hayes, co-founder and former CEO of BitMEX cryptocurrency exchange, has proposed creating a new stablecoin with a value pegged to the sum of…